Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBanks Vision Fund
December 25, 2018

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba.

SoftBank and Alibaba are existing investors in the business — the Chinese Continue reading

Southeast Asia’s Singles’ Day sale was ‘small,’ but watch out for that impressive growth
November 26, 2017

Basically everyone's phone on Saturday.
Image: lazada

If you hadn’t heard, Saturday’s Singles’ Day sale in China absolutely smashed last year’s already phenomenal record, bringing in $25 billion in a day on a single shopping site — Alibaba Taobao.

Over Continue reading

Amazon launches in Singapore with massive 100,000 sq ft Prime Now warehouse
July 28, 2017

Take my money
Image: victoria ho/mashable

After years of preparation, Amazon has finally launched its same-day Prime Now delivery service in Singapore.

The service brings two-hour, and even one-hour deliveries, for tens of thousands of household items, from eggs and Continue reading